Female Entrepreneurship Is Growing Fast: Women are Becoming Business Owners

Female Entrepreneurship Is Growing Fast: Women are Becoming Business Owners

The female entrepreneurship is finally on the rise! More and more women are becoming entrepreneurs and started changing the business world! Read more!

More and more women are entering the business world and are founding companies at a higher rate. Over the past few years, these women-owned businesses have expanded at a rate 1.5 times other small firms and organizations and are estimated to offer more than 5 million jobs by 2018.

Even though there is a still long way to go, the female-owned firms only create 30% of businesses around the world, which means that there are many opportunities ahead.

According to the statistic, the businesses with at least one woman who has an executive function are more likely to get higher valuations in their first fundraising round.

Julia Hartz and Lynn Jurich are two of the most successful and recognizable female entrepreneurs in the world. They’ve managed to make a change in the business world and proved that women as capable of running a business.

Julia Hartz is a co-founder and CEOof Eventbrite. This is a company that provides clients with different tools in order to bring people together for a specific event and to sell tickets. The company is founded in 2006 and since then it has raised more than $200 million in funding at a valuation of more than $1 billion.

Lynn Jurich is co-founder and CEO of Sunrun. This is a company that provides affordable solar energy. The company is founded in 2007 and since then it has raised more than $295 million at a valuation of more than $2.3 billion.

Besides these two businesses, Houzz and Forever 21 are worth mentioning as well.

Adi Tatarko is a co-founder and CEO of Houzz. This is a home-design website with home décor, interior design photos, and creative decorating ideas. The business is founded in 2009 and managed to raise more than $213 million from investors and the estimation valuation is more than $2 billion.

Jon Sook Chang is a co-founder and chief merchandising officer of Forever 21. This is an American chain of fashion retailers and it is founded in 1984. Since then, this company reports more than $4.4 billion in sales.

The female business leaders and executives are developing new models of running and business and providing firms with valuable solutions and insights! Female entrepreneurship is on the rise!